Nigerian crypto exchange's token launch draws scrutiny
This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023.
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Binance faces calls for ban by Nigerian Bureau De Change association
Gwadebe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market.
Binance sends cease and desist notice to Nigerian scammer entity
This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country.
Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
Nigerian crypto foreign investment is at a record low: Study
Foreign direct investment (FDI) in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country.
Nigerian president-elect aims to use blockchain technology in the banking sector
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth.
Nigerian crypto exchange Roqqu receives European virtual currency license
The move allows Roqqu to operate in 30 countries and broaden its services within one of the world's largest crypto markets.
Nigerian innovator launches first active Bitcoin Lightning node in the country
A new Bitcoin lightning node in Nigeria could inspire individuals to take “control of their financial future” and break free from ‘rotten' financial systems node runner Megasley told Cointelegraph.
Nigerian banks tracking customer accounts for crypto trading
Personal accounts with large multi-day inflow and outflow are being tracked per an order by the country's central bank.